Introduction sectionBTP Italia, Details on demand composition during the two Phases of the fifteenth issuance
BTP Italia, Details on demand composition during the two Phases of the fifteenth issuance
The Ministry of Economy and Finance announces some details regarding the fifteenth issuance of BTP Italia, the government bond indexed to Italian inflation (FOI index, ex-tobacco - Indices of Consumer Prices for blue and white-collar households with the exclusion of tobacco), with 8 year maturity.
During the First Phase of the placement, dedicated to retail investors, the issuance met a larger demand on the first day compared to the following day, in terms of both number of contracts and turnover, in line with past issuances.
The Second Phase, dedicated to institutional investors, that lasted 2 hours during the third day of the placement, saw a total demand greater than the final amount on offer of 3,762.97 million Euros.